MBA PROGRAM FINANCIAL AID ADMISSIONS Pursuing your MBA is one of the most important decisions you will make; it is an investment in yourself and in your future. Wharton is committed to helping you explore financing options so you may make informed decisions. Fellowships All admitted students are considered for Wharton Fellowship support. Criteria for selection of awards may include academic achievement, compelling leadership, exceptional professional development, and unique personal qualities. There is no formal fellowship application and notification of fellowship support is included with the admissions decision. Fellowships include funding for both years of the Wharton MBA. Other awards are available in the second year for students in leadership roles and for teaching assistants. Loan Products Wharton Fellowships Joseph Wharton Fellowships Named in honor of the founder of the Wharton school, Joseph Wharton, these awards are for those students with outstanding records of academic, personal and professional achievement. Howard E. Mitchell Fellowships DOMESTIC Federal Direct Loan Available to graduate/professional students who have not defaulted on a prior educational loan. Annual loan limit is $20,500. Fixed interest rate at 6.8% with 1% origination fee. Federal Direct GradPlus Loan Borrow up to the cost of attendance less other aid. Applicants must not have defaulted on a prior educational loan and a credit review is required. Fixed interest rate at 7.9% with 4% origination fee. Private Alternative Loans Full-tuition awards for exceptional students from underrepresented backgrounds. Emerging Economy Fellowships Fellowships to support students from emerging economies throughout the world. Forte Fellowships A number of private lenders and other financial institutions offer educational loans to students. These alternate loans are not subsidized and generally have tiered interest rates and fees, based on your credit score. In addition, co-signers may be required. Awards for outstanding female students who demonstrate exemplary leadership in one or more ways. INTERNATIONAL Social Impact Fellowships International Loan Product Fellowships for students with demonstrated leadership in the public and/or non-profit sectors. Wharton has partnered with Quorum Federal Credit Union to provide a non-cosigned loan product, for international students, who does not require a U.S. co-signer. The loan product will allow students to borrow the cost of tuition and living expenses up to 80% of the student budget, and features an interest rate of Prime plus 4.75% (with the opportunity to reduce the interest rate by up to .75% if a U.S. co-signer is acquired and graduates arrange for automatic repayments) and no origination fee. Please note that students from OFAC sanctioned countries are not eligible for the private education line of credit. whr.tn/financing-your-mba [center][img]echoechoes.com/visitor/referrer/torch.jpg[/img][/center] MBA PROGRAM GET INVOLVED ADMISSIONS By representing Wharton across all corners of the globe, your participation in helping to shape future classes is invaluable. Your talents, energy, and commitment are critical in sustaining the school’s legacy and presence worldwide. Likewise, we hope that your reap the personal benefits of your involvement including networking opportunities and the satisfaction of making a positive and lasting impact on Wharton. GET STARTED Host an MBA Admissions Events in Your Area Act as lead or support Alumni– led events organized on behalf of MBA Admissions in your region Provide or assist in securing venues for events Help develop and implement a marketing strategy which will resonate with prospective candidates in your region Assist in the recruitment of local alumni to help in the planning and execution of presentation Conduct and moderate the presentation on behalf of the MBA Admissions Office Support Enrollment: Welcome and Send-Off Events Host Admitted Student Welcome events or Coffee Chats with newly Admitted students in your region (January/April) Host send-off event for enrolled students heading to Philadelphia to begin the MBA program Candidate Recommendations Submit candidate recommendations within the application cycles Admissions Liaison Position with Our Office or Within the Club Structure Work directly with Admissions on Club/Admissions engagement initiatives Register on MBA AdmissionsConnect to receive updates from Admissions Provide space on Club site for Admissions (i.e. post events, create link to push candidates to MBA web site) Begin a buddy matching program for candidates interested in connecting with local alumni Register on AdmissionsConnect Become an MBA Admissions Alumni Ambassador by registering on our Alumni Engagement Portal MBA AdmissionsConnect To get started, follow the four quick steps below: 1. Log in Use your WhartonConnect username and password (Wharton External Affair’s Alumni Portal) 2. Complete a quick registration 3. Update your profile Once registered, please take a few moments to look over our menu of engagement options by clicking on the “Get involved” section, located on the left side of the screen. Please indicate, where applicable, the activities you are interested in. whr.tn/financing-your-mba [center][img]echoechoes.com/visitor/referrer/torch.jpg[/img][/center]